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What Is Delegated Proof Of Stake Consensus?

Blockchain, Blog

Delegated Proof of Stake (DPoS) is a consensus algorithm in blockchain networks. DPoS helps to maintain consensus and validate transactions. In a DPoS system, token holders elect a group of validators or “delegates” to represent them and validate transactions. These delegates are responsible for verifying transactions and adding new blocks to the blockchain. Token holders can vote for validators, …

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proof of stake blog featured image

What Is Proof Of Stake?

Blockchain, Blog

The Proof of Stake (PoS) is a consensus mechanism in Web3. Within the blockchain network, it validates transactions and secures the network.  The Proof of Work (PoW) which requires nodes to perform an intensive task to validate transactions. Alternatively, the Proof of Stake allows nodes to validate transactions depending on how much a node is …

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